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BTM - Expert Advisor (EA)

  • #101
  • Nov 11, 2019 12:57am Nov 11, 2019 12:57am
Quoting JoeeF
NZDJPY: Someone else has received this signal? {image} {image}
The trade hasn't been opened by the EA:

symbol:NZDJPY, bid:69.088, r1:69.597, s1:68.806, reward:282.0, risk:509.0

Bad RRR.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 106 KB
And you will leave pain to take care of itself.
  • #102
  • Nov 11, 2019 1:04am Nov 11, 2019 1:04am
me only showing EURUSD
is it required manual edit to make it works into all chart?
  • #103
  • Nov 11, 2019 1:05am Nov 11, 2019 1:05am
Quoting cescof
All seems ok by my side, same signal for NZDJPY
This is very valuable feedback for me. Thank you.
Quoting cescof
but no open order to bad rr right?
Yes. You're right. Bad RRR. Please don't be disappointed by this. This is the first stage. Firstly I need to be sure people are able to properly install, configure and operate my software.
And you will leave pain to take care of itself.
  • #104
  • Nov 11, 2019 1:08am Nov 11, 2019 1:08am
Quoting JoeeF
{quote} The trade hasn't been opened by the EA: symbol:NZDJPY, bid:69.088, r1:69.597, s1:68.806, reward:282.0, risk:509.0 Bad RRR. {image}
First order taken by Ea all perfect... Closed immediatly by sl... EURNOK probably not the best pair in this case due the large spread and fast move.
But Ea was ok..
Regards
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Cattura1.PNG Size: 22 KB
  • #105
  • Nov 11, 2019 1:15am Nov 11, 2019 1:15am
Quoting feramdanny
me only showing EURUSD is it required manual edit to make it works into all chart?
That's great. It's working.

Please open JF4XTrader.xml in notepad and configure STRATEGY_EVENT_NEW_BAR tag. Simply add new symbols. Save XML config file. Restart EA. That's all.

P.S.: Notepad++ is very clever tool for handling with XML config file.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.png Size: 7 KB
Click to Enlarge Name: Image2.png Size: 30 KB
And you will leave pain to take care of itself.
  • #106
  • Nov 11, 2019 1:21am Nov 11, 2019 1:21am
Quoting cescof
{quote} First order taken by Ea all perfect... Closed immediatly by sl... EURNOK probably not the best pair in this case due the large spread and fast move. But Ea was ok.. Regards {image} {image}
Thank you again for valuable feedback.
And you will leave pain to take care of itself.
  • #107
  • Nov 11, 2019 1:27am Nov 11, 2019 1:27am
Hi JoeeF and thank you for your effort with this system.

Do you plan to add a money management tool to the expert?
  • #108
  • Nov 11, 2019 1:27am Nov 11, 2019 1:27am
You can find very important information in LOG file:

(1) Please take a look into \MQL4\Files\JFFramework folder
(2) Open LOG file in Notepad++ (Notepad)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.png Size: 10 KB
Click to Enlarge Name: Image2.png Size: 104 KB
And you will leave pain to take care of itself.
  • #109
  • Nov 11, 2019 1:36am Nov 11, 2019 1:36am
Quoting Alberto_Jazz
Do you plan to add a money management tool to the expert?
Definitely yes.

However, firstly we need to establish entry rules.
For now EA is using this:
(1) Only TP1 at r1/s1
(2) SL at opposite side s1/r1
(3) reward>=risk

And as I said I need to be sure people are able to properly install, configure and operate my software. I cannot overwhelm them with too many settings from the start. They need to get accustomed to my software.
And you will leave pain to take care of itself.
  • #110
  • Nov 11, 2019 1:43am Nov 11, 2019 1:43am
Everything looks fine here. Thanks JoeeF for all that! Great stuff!



Attached Image




Edit:

Ups, somehow the update clock seems to be frozen. Will watch for later london opens shortly...
Stick to the plan!
  • #111
  • Nov 11, 2019 1:49am Nov 11, 2019 1:49am
Hi,

first of all thank you very much for your effort!

I traded BTM quite successfully as long as I could One thing which could be helpful in determining entry criteria is the size of the signal candle in relation to the previous candles. I used to avoid signals on candles with huge bodies in comparison to previous priceaction and it seemed that I had a better winrate when not taking those trades. But that's just my experience
  • #112
  • Nov 11, 2019 1:53am Nov 11, 2019 1:53am
Quoting Klausi
Everything looks fine here. Thanks JoeeF for all that! Great stuff! {image}
Thank you for your feedback.

You were able to properly install and configure EA. And it's working. This is important information for me.
And you will leave pain to take care of itself.
  • #113
  • Nov 11, 2019 1:54am Nov 11, 2019 1:54am
Quoting Meerrettich
Hi, first of all thank you very much for your effort! I traded BTM quite successfully as long as I could One thing which could be helpful in determining entry criteria is the size of the signal candle in relation to the previous candles. I used to avoid signals on candles with huge bodies in comparison to previous priceaction and it seemed that I had a better winrate when not taking those trades. But that's just my experience
Definetly in these cases is better to wait for a retracement and find a good risk/reward, but I don't know if you can automate in an expert.
  • #114
  • Nov 11, 2019 1:54am Nov 11, 2019 1:54am
Red arrow shows the optimal entry. Risk < Reward. TP1 is within bands and SL is outside bands.
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 21 KB
Simplicity Is The Ultimate Sophistication!
  • #115
  • Nov 11, 2019 1:58am Nov 11, 2019 1:58am
Quoting Klausi
Edit: Ups, somehow the update clock seems to be frozen. Will watch for later london opens shortly...
Every symbol is updating dashboard tab on its bar open.
And you will leave pain to take care of itself.
  • #116
  • Nov 11, 2019 2:00am Nov 11, 2019 2:00am
Quoting cescof
{quote} First order taken by Ea all perfect... Closed immediatly by sl... EURNOK probably not the best pair in this case due the large spread and fast move. But Ea was ok.. Regards {image} {image}
In this instance, TP1 was outside bands. I think many former BTM users have said that the win rate goes up if TP1 is within the bands.
Simplicity Is The Ultimate Sophistication!
  • #117
  • Nov 11, 2019 2:03am Nov 11, 2019 2:03am
Quoting JoeeF
{quote} Every symbol is updating dashboard tab on its bar open.
London open.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 33 KB
And you will leave pain to take care of itself.
  • #118
  • Nov 11, 2019 2:09am Nov 11, 2019 2:09am
Quoting JoeeF
{quote} That's great. It's working. Please open JF4XTrader.xml in notepad and configure STRATEGY_EVENT_NEW_BAR tag. Simply add new symbols. Save XML config file. Restart EA. That's all. P.S.: Notepad++ is very clever tool for handling with XML config file. {image} {image}
it worked now, many thx for the advice
may i ask if i set pushnotificationalert to "TRUE", can i get my notif via phone if signal occured?
Attached Image (click to enlarge)
Click to Enlarge Name: pushnotif.png Size: 13 KB
  • #119
  • Nov 11, 2019 2:21am Nov 11, 2019 2:21am
Quoting JoeeF
{quote} London open. {image}
EA installed, 24 pairs, waiting for the first signal. Thank you for your efforts
  • #120
  • Nov 11, 2019 2:23am Nov 11, 2019 2:23am
Quoting JoeeF
{quote} Every symbol is updating dashboard tab on its bar open.

Thanks for the info!
Stick to the plan!
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